All good now Claw |
Box ticked .....CEO Bo Sears on #Hydrogen shows at Ingomar:"We have a wellbore with hydrogen shows.If it's there, the world is ours"October promises to be very active with 2 drills:?Re-entry at Ingomar to commence soon?Appraisal drilling at Rudyard in Octhttps://x.com/helixexp/status/1840995060218777738?s=46&t=bZL80vMI6HUgaShSFUmNuQ |
In June, Oak Securities set a price target of 93p for Helix, following HEX's acquisition of the Rudyard discovery in Montana for US$250k in cash and shares. Helix is currently trading at 22.77p, giving it a market cap of of just under £30m on the AIM market. If realised, Oak's valuation will send Helix out of the ranks of junior resources companies and towards the mid-tier.
Oak values Rudyard at c. US$85m as it is estimated to contain contingent resources of 0.48 bcf of helium, with additional upside at greater depth. Oak's unrisked valuation of Helix's overall portfolio is 187p/share. In addition to increasing HEX's resource base, Rudyard should enable near-term cashflow.
Helium is in unprecedented short supply as demand for high-tech applications continues to surge. Demand growth estimates CAGR of 6% from 5.9bcf/y in 2023 to 8.7bcf/y in 2030. |
NP bloomberg ... no idea why you were down as blocked. Apologises. |
Note a 10x vote up on that post please. |
Nice one Claw |
Tidy ... and that's the one being tested first ... I wonder why ;) |
hTTps://www.share-talk.com/helix-exploration-aimhex-successful-re-entry-of-clink-1-well/ |
The bottom natural hydrogen layer is the brucie bonus for me. Very mouth watering as this wasn't expected and Bo states the world is ours it could be a world No1 asset. |
bloomberg, see messages |
"If multiple formations are deemed suitable for testing, each zone will be tested independently from the bottom-up to allow for isolated tests over each interval."
So possibility of a few results RNS's, rather than one complete one, which will add to the picture as it goes along.
Just gets better and better the more I think about the news in the RNS. |
Bo is in make up right now ! Last interview looked a bit rough on Proactive! |
The claw has blocked me for some reason !! Yeh definitely Elon looking for helium deposits for his huge space x program |
Hex tweets Operational Update: ?Successful re-entry & deepening of Clink #1 at Ingomar Dome?Mowry shale cased at 2,622ft?Clink #1 deepend to 8,550ft?Next up: production casing & testing formations for #Helium & #HydrogenA significant milestone for the Company!hTTps://x.com/helixexp/status/1848255306234560977?s=46&t=bZL80vMI6HUgaShSFUmNuQ |
I guess an interview update sometime today. Very good news today. Great news for the company and holders. |
Morning tidy ... very good news today and a nice wait for results with hopefully interviews and analyst information in the mean time. |
Original TD 8000 ft. Extended now to 8550 ft due to extended gas layer with high Hydrogen concentrations coming to surface.The detection of a helium gas-show over these intervals confirms the presence of helium within the previously identified gas system. The Company is drilling on to the primary target in the Flathead formation at approximately 7,410ft (2,260m) and planned total depth at approximately 8,000ft (2,440m). Drilling is progressing well and remains on schedule. |
Hi Cyber ... I set up this board as I wanted to see charts at the top rather than scroll down over old info to see them. I also wanted to add more inf as we go along hence the news list and upcoming news below that. |
Can any longer-standing shareholders remind me why there are two active boards here? |
I've not read that about Elon but Gates and Bezos is well documented. |
Helium 130x above background and 10-11% natural hydrogen coming to surface bubbling through the thick drilling muds. Not my words the CEO'sLet's see the interview following today's news. Should be interesting body language I'd say as a side note. |
Don't forget Elon sniffing around for helium too |
Incidentally the French found huge natural hydrogen when in search for methane This is seriously massive now they've sorted the hole out. |
Don't worry about that. Hex has double the cash they need for both Ingomar and Rudyard operations. Both operations will be running alongside each other by the end of the month. Rudyard had the highest COS prior to Ingomar proving it had target gas in every zone expected with the addition of high concentrations of natural Hydrogen in the deeps. Bill gate and Bezos have been funding juniors to search for Natural hydrogen btw Hex has stumbled upon it in search of helium which they also found. |
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